Source: Earth Alive Clean Technologies.
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  • Earth Alive (EAC) has reported its highest year-to-date Q3 revenues in company history
  • Revenues increased to C$2,792,493 for the nine months ended September 30, 2021, compared to C$2,112,631 in 2020
  • Revenues after nine months are now higher than all of 2020
  • Earth Alive Clean Technologies is a soil health company that offers microbial technologies
  • Earth Alive (EAC) is unchanged trading at $0.10 per share

Earth Alive (EAC) has reported its highest year-to-date Q3 revenues in company history.

Business highlights

  • US$180,000 Soil Activator sale to a new customer in California announced and completed during Q3
  • US$500,000 EA1 dust supressant purchase order announced in September, the client’s sixth consecutive order since November 2018 destined for its Mexico-based mine

Financial highlights

  • Revenues increased to C$2,792,493 for the nine months ended September 30, 2021, compared to C$2,112,631 in 2020
  • Revenues after nine months are now higher than all of 2020
  • Nine-month gross margin of 29.2 per cent compared to 30 per cent in 2020
  • Cash flows used in operating activities improved to C$683,137 for the first nine months of 2021, compared to C$950,087 in 2020
  • Total operating expenses of C$1,527,235 for the nine-month period ended September 30, 2021, down from C$1,602,434 in 2020, driven by lower travel-related expenses as well as the internalization of previously outsourced functions

Earth Alive Clean Technologies is a soil health company that offers microbial technologies.

Earth Alive (EAC) is unchanged trading at $0.10 per share as of 1:01 pm ET.

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